AMALY — SHARIAH COMPLIANCE REPORT
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Symbol: ICCM
Report Date: 2026-04-07
Full Report: https://amaly.io/stock/ICCM

EXECUTIVE SUMMARY
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Compliance Status: NON_COMPLIANT
Quality Rating: BBB
Description: IceCure Medical Ltd (ICCM) operates in the permissible Medical - Devices industry, focusing on cryoablation technology for tumor treatment. All financial screening ratios comfortably pass AAOIFI, MSCI, and S&P thresholds, with debt at 0.65%, liquidity at 10.29%, and non-compliant income at 1.09%. Business activities are fully compliant with no haram elements identified. However, due to its micro-cap status, ICCM is not included in major Shariah indices, leading to an overall NON_COMPLIANT classification based on index inclusion criteria. A purification rate of 1.09% is recommended for any dividends received.

Primary Compliance Concerns:
- Exclusion from major Shariah indices due to small market capitalization
- Minor non-compliant income requiring purification

Purification Requirement: 1.09%
Index Inclusion: Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)

KEY FINANCIAL METRICS
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Debt Ratio: 0.0%
Liquidity Ratio: 10.3%
Interest Income Ratio: 1.1%
Purification Required: 1.09%

INDEX INCLUSION STATUS
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S&P Shariah: INCLUDED
MSCI Islamic: INCLUDED
DJIM: INCLUDED
FTSE Shariah: INCLUDED
Total: 4 of 4
Last Verified: 2026-03-31

REPORTING PERIOD
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Latest Annual Report: FY 2025
Latest Quarterly Data: Q4 2025
Trend Period: FY 2020 to FY 2025
Data Retrieved: 2026-04-02T12:00:00Z

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Full interactive report: https://amaly.io/stock/ICCM
Provided by Amaly (https://amaly.io) — Shariah Compliant Stock Screener
Disclaimer: This data is for informational purposes only and does not constitute financial or religious advice.